Nigel has been in the regulated financial services industry for nearly a decade, has previously owned a financial brokerage and has written many times for sites relating to personal finance and trading.
Entry level: For more aggressive traders immediately as it tries to go past the $200, or around $206.70 if it moves past the double bottom base formation
Price target: Partial sell into the overhead supply zone between $220-$240, or full sell should the market continue to favor shorter moves and continues to be choppy in individual names
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage . 75 % of retail investor accounts lose money when trading CFDs with this provider . You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money .